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Who owns BridgeStreet global hospitality?

Who owns BridgeStreet global hospitality?

Versa Capital Affiliate
Versa Capital Affiliate Acquires BridgeStreet Global Hospitality.

What is a corporate housing company?

Corporate housing is a term in the relocation industry that implies renting a furnished apartment, condo, or home on a temporary basis to individuals, military personnel, intern groups, or corporations as an alternative to a traditional hotel or an extended hotel stay.

How do corporate apartments work?

A corporate housing apartment is fully furnished and includes all utilities – cable, internet and electricity – just like a hotel, but it usually offers more square footage to spread out plus separate rooms for relaxing, slumbering and eating. That makes it feel more like home.

Is Corporate Housing profitable?

Corporate rentals can generate high profits through monthly rental income. Corporate short-term rentals typically require less maintenance than other rental properties. Properties are customized to tenants’ preferences, which can increase overall revenue.

Where do you list business rentals?

The Best Corporate Housing Websites in 2020

  • 2nd Address.
  • Corporate Housing By Owner.
  • Oakwood.
  • Craigslist.
  • HotPads.

How long can you stay in temporary housing?

Temporary Accommodation Frequently Asked Questions The more bedrooms you need may mean you stay longer in temporary accommodation. For single people or couples, the average wait in temporary accommodation can be 12 or more months. For families, the average wait is longer and can be over 3 years.

Is corporate housing free?

As you can see, corporate housing is a great value. Plus, it’s generally tax-free for stays of 30 days or more. Corporate housing often is in apartment buildings near attractions and major employers.

Is corporate housing a good business?

Like any other property rental market, the corporate housing market is flexible and versatile. Under the right circumstances, corporate housing could prove a more profitable real estate investment strategy than renting to traditional tenants. You’re providing housing solutions that meet real market need.

How do I find corporate rentals?

The Best Corporate Housing Websites in 2020

  1. 2nd Address.
  2. Corporate Housing By Owner.
  3. Oakwood.
  5. Craigslist.
  6. HotPads.

Can company rent a house?

Yes the director or manager of the company would apply for the property on behalf of the company (and the company is the one as the ‘tenant’ on the lease). So you may need a separate application from the person/people moving into the property (particularly if their not the director of the company).

Can I rent my property to a company?

Rent for company lets is unregulated. Therefore, there is no way that a company can challenge a rent – once they have signed a tenancy agreement – and claim it is too high (as can sometimes be done under the statutory codes). A rent will be as set out in the tenancy agreement.

Do you pay rent in temporary accommodation?

Temporary accommodation costs are traditionally very high, because in addition to the rent charge the accommodation costs may include a management charge or a charge for support. This means that although this type of accommodation typically charges a very high rent, it is still met by housing benefit.